Carbon capture and storage (CCS) has come to a dead end in Europe. Although the EU is carrying out a consultation to revive the CCS programme, it is already evident that the EU Emission Trading Scheme is too uncertain to provide a clear business case for CCS. If it wants to revive CCS, the EU should follow the US example and implement emission performance standards for power plants, argues energy consultant Vincent Swinkels. Photo: … [Read more...]
The real prospects for South Stream: it’s all about exemption
With the end of the Nabucco pipeline project, the road seems clear for Gazprom to soon triumphantly roll out its rival South Stream project. This is certainly what recent media reports have suggested. In reality, however, South Stream is still very far from what could be described as a “launching phase”, writes Bulgarian energy consultant Valentin Stoyanov. According to Stoyanov the success of South Stream now depends on the EU. If Brussels does … [Read more...]
European-Russian gas partnership threatens to unravel
As the areas of potential conflict are multiplying, the EU and Russia seem to be blundering into an increasingly fractious energy relationship that threatens to hurt both sides. Russia’s policies are even risking the whole future of gas in the European energy market, argues Frank Umbach, Associate Director at the European Centre for Energy and Resource Security (EUCERS), King's College, London. Umbach, who also works for the Centre for European … [Read more...]
VIDEO: EU biofuels policy – ILUC rapporteur Lepage throws gauntlet to member states
Mr Putin, please shut down those pipelines again!
The EU internal market for gas will remain incomplete as long as long as many Member States continue to persist in following national policies, writes Tim Boersma, dissertation candidate at the University of Groningen and soon-to-be fellow at the Brookings Institution’s Energy Security Initiative in Washington, DC. According to Boersma, much better policy coordination is needed if Europe is not to miss out on the substantial benefits of an … [Read more...]
The Romania-Moldova Gas Pipeline: a chance for Moldova to connect to the EU
The Iasi-Ungheni gas interconnector between Romania and Moldova, the construction of which began in late August, is expected to improve Moldova’s energy security, bring commercial benefits to both Moldova and Romania, and contribute to the physical integration of the European gas market. The real raison d'ĂŞtre of the new pipeline is, however, rather geopolitical in nature: it will help wean Moldova from Russian domination and bring the country … [Read more...]
Seven Steps to Energy Policy Heaven
Now that a new political year has started, it may be useful to ask what exactly are the most important parameters that should go into any energy policy mix. I have identified seven – which I have dubbed the Seven Steps to Energy Policy Heaven. The nice thing about my “energy policy model” is that it may come in handy – even if you totally disagree with my ideas. Photo: Heaven visited me by Kevin Dooley … [Read more...]
After Nabucco – Croatia to the Rescue of Central Europe’s Energy Security?
With the "death" of Nabucco, it seems that the EU strategy to diversify gas supplies to Central and South East European member states has failed miserably. Yet according to David Koranyi, Ian Brzezinski and Matthew Bryza of the Atlantic Council there are other ways to reduce these countries’ dependence on Russian gas supplies. They can work to expand gas interconnections in the EU. And, perhaps even more importantly, they can source US shale gas … [Read more...]
Europe’s malfunctioning energy market is stifling economic growth
Today’s European energy market is still poorly interconnected and neither open nor competitive, writes former European Parliament President and former Prime Minister of Poland Jerzy Buzek, currently a Member of the European Parliament. Moreover, energy prices in the EU are much higher than in China and the US and are increasing. According to Burzek, a truly harmonised common energy market and coordinated investment in infrastructure are vital if … [Read more...]
State aid for nuclear? Are you kidding?
EU Competition Commissioner JoaquĂn Almunia has provoked a hot debate in Brussels this summer, by proposing to authorise state aid for nuclear power. This comes at the same time that the European Commission is reflecting on how to reduce subsidies for renewables, in line with their increasing maturity. Hughes Belin reports from Brussels. … [Read more...]
The three ages of Europe’s single electricity market
It is still far from perfect and has been painfully slow in taking shape, but an EU-wide power market has now emerged. Jean-Michel Glachant, Director of the European University Institute's Florence School of Regulation where he holds the Loyola de Palacio Chair, nevertheless warns that renewable energy and a “smarter” grid remain challenges to its further development. Photo by Filter Forge via Flickr … [Read more...]
EU internal energy market top priority for Lithuania
By Sonja van Renssen and Hughes Belin Expectations hang heavy over the EU’s autumn agenda for energy and climate policy. The internal energy market, grid investments, the broken EU Emission Trading Scheme, the future of nuclear, a dogged debate over indirect land-use change (ILUC), and a new climate and energy policy for 2030 are only just held at bay by July’s unusually balmy weather here in Brussels. Sonja van Renssen and Hughes Belin look … [Read more...]
Integrating energy and climate policy for low-carbon growth in Europe
Europe’s efforts to control emissions are failing, yet the necessary technologies are already here – decarbonising the power system and then using it to run more of our economy is the key, say Johannes Meier, CEO of the European Climate Foundation, and Arne Mogren, Director of the European Climate Foundation’s Power Programme and Member of the Energy Roadmap 2050 ad hoc Advisory Group. Photo: Avedøre power plant, Denmark (by Martin Nicolaj … [Read more...]
Report: Poland can handle higher carbon prices
A new report from Oliver Sartor of CDC Climat Research and Thomas Spencer of IDDRI (Institute for Sustainable Development and International Relations) shows that the impact of higher carbon prices will not drive the energy-intensive industry out of Poland. Photo: Patnow coal power station (photo: Ecotist) … [Read more...]
It is too early to give up on Nabucco!
The failure of Nabucco West is the result of a lack of strategic guidance and the inability of the Nabucco consortium and its shareholders to deliver on the market policy expectations of both Governments and societies in their respective countries. But it is too simplistic to say that the choice by the Shah Deniz II Consortium for the Trans Adriatic Pipeline (TAP) was made purely out of “commercial” considerations, argues Peter Poptchev, who has … [Read more...]